Question

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Answer 1

A credit card starts new customers at a $2,000 limit when they are approved for a card. The company adds $250 annually to this limit for customers who pay their bill on time. Choose the equation below that gives the credit limit, Ln, of customers who have payed on time every year, and who are in their nth year of having the card. Then, use this equation to find the credit limit of a customer in their 10th year of having the card.

Answer 2

A. Ln = $2,000 + $250·(n - 1) ; L10 = $4,250
B. Ln = $2,000 + $250·n ; L10 = $4,250
C. Ln = $2,000 + $250·(n - 1) ; L10 = $4,500
D. Ln = $2,000 + $250·n; L10 = $4,500

Answer 3

forget it the answer was A.